Employee Retention has quickly been regarded as the #1 priority for HR and Management teams amidst the Great Resignation. With Employee Turnover soaring in recent years, companies have had to compensate drastically due to a loss of talent and productivity, an increase in recruitment costs, and more.
A Pulse Survey is a short and timely engagement survey sent to employees to help organizations gain information and clarity about the employees' well-being and satisfaction at the workplace. Ultimately, pulse surveys help improve employee happiness, satisfaction, and employee retention.
Employee Retention has never been more important for organizations to thrive in today's world. 87% of HR managers agree that employee retention is their top priority.
Employee Retention has quickly translated into one of the key metrics organizations need to keep track of in 2022. Any time an employee leaves a role, there is time, money, and effort associated with recruiting, hiring, and training a replacement.
A Consumer Goods Company located in Bangkok, Thailand, faced people challenges during the Pandemic, particularly employee engagement challenges. Management were not happy to learn that these challenges were hindering growth opportunities and having an affect on company performance and revenue.
A prestigious Hotel Group in Thailand has one central HR team in charge of managing employee needs across all hotels. It was no surprise when management discovered that employee morale was dropping and turnover rates increased, especially in the front office and sales roles.